单选题 At a regional conference for institutional portfolio managers, Chris makes three comments in a presentation centered on explaining for the creation of GIPS. Which of Chris"s comments is least likely correct?

A、 GIPS were created to reduce historical performance inflation caused by excluding results of terminated portfolios.
B、 GIPS were created to encourage firms to select representative accounts when presenting investment results.
C、 GIPS were created in response to performance reporting abuses which included only reporting results over periods of exceptional returns.

【正确答案】 B

【答案解析】[解析] 创立GIPS标准的目的是减少投资公司在业绩表述中所包含的含糊不清的表述。具体来讲，投资公司在投资业绩表述中的不当行为包括：(1)编制误导性的财务数据。相关公司基于特定目的，选择最佳的投资组合业绩来代表公司的整体业绩。(2)存续性误导。一些面临破产危机的公司故意隐瞒其不良投资业绩，而只对外公布其符合一般要求的投资业绩。(3)对特定时期的选择。一些公司会选择投资业绩较为理想时期的财务数据对外加以公布，从而使其投资业绩缺乏与其他公司的可比性。